Gross capital formation in East Asia & Pacific (excluding high income)
East Asia & Pacific (excluding high income): Gross capital formation was 8.58 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
8.58 trillion current US$
Change on year
up 1.3%
Rank
12th
of 43 groups
All-time high
8.72 trillion current US$
in 2022
All-time low
9.93 billion current US$
in 1962
Years of data
65
1960–2024
Gross capital formation in East Asia & Pacific (excluding high income), 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross capital formation in East Asia & Pacific (excluding high income) stood at 8.58 trillion current US$.
Compared with earlier readings it is up 1.3% on the previous year and up 55.5% over ten years.
Over the whole period, gross capital formation in East Asia & Pacific (excluding high income) peaked at 8.72 trillion current US$ in 2022 and was at its lowest, 9.93 billion current US$, in 1962.
That places East Asia & Pacific (excluding high income) 12th out of 43 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in East Asia & Pacific (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 28.61 billion current US$ | — |
| 1961 | 14.34 billion current US$ | -49.9% |
| 1962 | 9.93 billion current US$ | -30.8% |
| 1963 | 14.51 billion current US$ | +46.2% |
| 1964 | 18.67 billion current US$ | +28.7% |
| 1965 | 24.18 billion current US$ | +29.5% |
| 1966 | 29.67 billion current US$ | +22.7% |
| 1967 | 22.71 billion current US$ | -23.5% |
| 1968 | 23.47 billion current US$ | +3.3% |
| 1969 | 26.70 billion current US$ | +13.8% |
| 1970 | 39.52 billion current US$ | +48.0% |
| 1971 | 43.62 billion current US$ | +10.4% |
| 1972 | 46.69 billion current US$ | +7.0% |
| 1973 | 61.39 billion current US$ | +31.5% |
| 1974 | 67.49 billion current US$ | +9.9% |
| 1975 | 80.18 billion current US$ | +18.8% |
| 1976 | 75.30 billion current US$ | -6.1% |
| 1977 | 88.68 billion current US$ | +17.8% |
| 1978 | 89.92 billion current US$ | +1.4% |
| 1979 | 102.80 billion current US$ | +14.3% |
| 1980 | 113.36 billion current US$ | +10.3% |
| 1981 | 117.77 billion current US$ | +3.9% |
| 1982 | 122.31 billion current US$ | +3.9% |
| 1983 | 136.95 billion current US$ | +12.0% |
| 1984 | 146.43 billion current US$ | +6.9% |
| 1985 | 172.73 billion current US$ | +18.0% |
| 1986 | 165.07 billion current US$ | -4.4% |
| 1987 | 156.18 billion current US$ | -5.4% |
| 1988 | 190.41 billion current US$ | +21.9% |
| 1989 | 212.54 billion current US$ | +11.6% |
| 1990 | 225.63 billion current US$ | +6.2% |
| 1991 | 251.80 billion current US$ | +11.6% |
| 1992 | 292.57 billion current US$ | +16.2% |
| 1993 | 338.74 billion current US$ | +15.8% |
| 1994 | 398.10 billion current US$ | +17.5% |
| 1995 | 491.54 billion current US$ | +23.5% |
| 1996 | 555.42 billion current US$ | +13.0% |
| 1997 | 542.50 billion current US$ | -2.3% |
| 1998 | 459.38 billion current US$ | -15.3% |
| 1999 | 479.76 billion current US$ | +4.4% |
| 2000 | 530.40 billion current US$ | +10.6% |
| 2001 | 600.01 billion current US$ | +13.1% |
| 2002 | 671.61 billion current US$ | +11.9% |
| 2003 | 826.07 billion current US$ | +23.0% |
| 2004 | 1.01 trillion current US$ | +22.1% |
| 2005 | 1.15 trillion current US$ | +13.6% |
| 2006 | 1.36 trillion current US$ | +18.4% |
| 2007 | 1.75 trillion current US$ | +28.7% |
| 2008 | 2.33 trillion current US$ | +33.4% |
| 2009 | 2.69 trillion current US$ | +15.6% |
| 2010 | 3.38 trillion current US$ | +25.6% |
| 2011 | 4.16 trillion current US$ | +23.1% |
| 2012 | 4.65 trillion current US$ | +11.7% |
| 2013 | 5.16 trillion current US$ | +11.0% |
| 2014 | 5.52 trillion current US$ | +6.9% |
| 2015 | 5.48 trillion current US$ | -0.7% |
| 2016 | 5.53 trillion current US$ | +0.9% |
| 2017 | 6.10 trillion current US$ | +10.4% |
| 2018 | 6.97 trillion current US$ | +14.2% |
| 2019 | 7.08 trillion current US$ | +1.6% |
| 2020 | 7.16 trillion current US$ | +1.1% |
| 2021 | 8.67 trillion current US$ | +21.0% |
| 2022 | 8.72 trillion current US$ | +0.6% |
| 2023 | 8.47 trillion current US$ | -2.8% |
| 2024 | 8.58 trillion current US$ | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.28 billion current US$ | 9.93 billion current US$ | 29.67 billion current US$ | 10 |
| 1970s | 69.56 billion current US$ | 39.52 billion current US$ | 102.80 billion current US$ | 10 |
| 1980s | 153.38 billion current US$ | 113.36 billion current US$ | 212.54 billion current US$ | 10 |
| 1990s | 403.54 billion current US$ | 225.63 billion current US$ | 555.42 billion current US$ | 10 |
| 2000s | 1.29 trillion current US$ | 530.40 billion current US$ | 2.69 trillion current US$ | 10 |
| 2010s | 5.41 trillion current US$ | 3.38 trillion current US$ | 7.08 trillion current US$ | 10 |
| 2020s | 8.32 trillion current US$ | 7.16 trillion current US$ | 8.72 trillion current US$ | 5 |
Countries ranked near East Asia & Pacific (excluding high income)
- 9 Italy 567.71 billion current US$ compare
- 10 Republic of Korea 545.44 billion current US$ compare
- 11 Canada 537.16 billion current US$ compare
- 12 Türkiye 505.81 billion current US$ compare
- 13 Indonesia 442.64 billion current US$ compare
- 14 Australia 439.94 billion current US$ compare
- 15 Mexico 414.38 billion current US$ compare
More economy & growth data for East Asia & Pacific (excluding high income)
- Agriculture, forestry, and fishing, value added 1.71 trillion constant 2015 US$ (2025)
- Gross capital formation 38.6% (2024)
- Imports of goods and services 5.08 trillion current US$ (2025)
- Imports of goods and services 21.8% (2025)
- External balance on goods and services 3.7% (2025)
- Trade 46.9% (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9789 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added 8.27 trillion current US$ (2025)
- Industry (including construction), value added 4.4% (2025)
- Industry (including construction), value added 8.44 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is gross capital formation in East Asia & Pacific (excluding high income)?
- Gross capital formation in East Asia & Pacific (excluding high income) was 8.58 trillion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in East Asia & Pacific (excluding high income)?
- The highest recorded value was 8.72 trillion current US$ in 2022.
- What is the lowest gross capital formation recorded in East Asia & Pacific (excluding high income)?
- The lowest recorded value was 9.93 billion current US$ in 1962.
- How does East Asia & Pacific (excluding high income) rank for gross capital formation?
- East Asia & Pacific (excluding high income) ranks 12th out of 43 groups with data for 2024.
- Is gross capital formation rising or falling in East Asia & Pacific (excluding high income)?
- Over the last ten years it is up 55.5%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific (excluding high income) data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.